Investors braced for a bumpy ride ahead of Global Payments'
What analysts say:
- Buy, sell, or hold?: The majority of analysts back Global Payments as a buy. But with 52.2% of analysts rating it a buy, Global Payments is still below the mean analyst rating of its nearest 10 competitors, which average 68.5% buys. Analysts like Global Payments better than competitor Green Dot overall. Seven out of 14 analysts rate Green Dot a buy compared to 12 of 23 for Global Payments. Wall Street has warmed to the stock over the past three months, with analysts increasing their endorsement from Hold to Moderate buy.
- Revenue Forecasts: On average, analysts predict $517.8 million in revenue this quarter. That would represent a rise of 17.6% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of 75 cents per share. Estimates range from 70 cents to 83 cents.
What our community says:
CAPS All Stars are solidly backing the stock with 93.2% assigning it an "outperform" rating. The community at large agrees with the All Stars with 90.4% awarding it a rating of "outperform." Fools are gung-ho about Global Payments, though the message boards have been quiet lately with only 81 posts in the past 30 days. Global Payments has a bullish CAPS rating of five out of five stars that is about on par with the Fool community assessment.
Global Payments' profit has risen year over year by an average of 10.1% over the past five quarters. Revenue has now gone up for three straight quarters.
For all our Global Payments-specific analysis, including earnings and beyond, add Global Payments to My Watchlist.
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